Thursday, November 28, 2024
66.8 F
Orlando

Orlando Hotel Occupancy Tops 70 percent

Orlando hotel occupancy reached  71.2 percent for the week ending March 13th, compared to 66.8 percent for the same period in 2009, representing an increase of 6.6 percent, Smith Travel Research (STR) reported.

The Average Daily Room (ADR) rates in Orlando declined to $97.12, where it stood at $101.66, the same week in 2009, a decline of 4.5 percent.

The Revenue per available (RevPAR) room, one of the most important gauges of health among hotel operators, rose to $69.19, an increase of 1.9 percent, from the $67.92 posted the year before.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest Articles